All Grocery articles – Page 493
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NewsMajestic Wine hires new commercial boss
Majestic Wine has appointed a new commercial director as it continues to defy market conditions to record sales increases.
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OpinionComment: Sainsbury’s King gets top spot in Retail Week Power List
After several years of continuity at the top of Retail Week’s Power List, 2012 is the second year in a row we’ve had a change in the number one slot.
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NewsThe Co-operative completes roll out of replenishment system
The Co-operative Food has completed a major transformation of its store replenishment system to improve stock availability.
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NewsTesco and Morrisons continue to lose market share
Tesco and Morrisons lost share in the last quarter while Waitrose and the discounters continued to win shoppers, according to the latest data from Kantar Worldpanel.
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NewsTesco puts 'Every little helps' under review
Tesco has put its ‘Every little helps’ strapline under review, it is understood.
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NewsWaitrose signs deal to use voice-activated systems
Waitrose has signed a deal to use voice-activated technology in its warehouses.
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AnalysisReaction: Tesco reveals Japan exit strategy
Tesco revealed today it will exit Japan in two stages, the first of which involves selling 50% of the operation to Japan’s largest retailer Aeon for a “nominal sum”. The grocer will then form a joint venture with Aeon and will invest a further £40m into the business to finance further restructuring. Commentators believed the move made sense.
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AnalysisFive ways Majestic Wine is outstripping the grocers
Majestic Wine chief executive Steve Lewis believes the grocers’ 80% share of the wine market has peaked. The retailer reported a 14.5% uplift in full-year pre-tax profit today and Lewis believes there are significant market opportunities. Retail Week looks at reasons why he might be spot on.
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AnalysisMajestic Wine: What the analysts say
Majestic Wine reported a 14.5% uplift in pre-tax profit today while increasing its target for store numbers by 100 to 330 stores. The City reacted favourably.
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NewsMajestic Wine profits rocket 14.5%
Pre-tax profit at Majestic Wine rose 14.5% to £23.2m in the 53 weeks to April 2.
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NewsTesco reveals plan to exit Japan
Tesco has revealed its exit plan of its loss-making Japanese business.
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GalleryStore of the week: Bio Company Brunnenstraße, Berlin
Bio Company is an organic supermarket chain of the kind that is relatively common in Germany, but a rarity in the UK.
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AnalysisAnalysis: What will the economic stimulus plan mean for retailers?
Chancellor George Osborne announced the Government is to inject £140bn into the economy to kick-start credit provision. Retail Week takes a look at the likely effects on retailers.
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NewsShop rents fall across UK but London bucks trend
Retail rents continued to fall last year as landlords struggled to keep their properties occupied.
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NewsMorrisons to offer £5 off £40 deal
Morrisons will wade into the voucher war in grocery this weekend.
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News
El Corte Inglés launches price drop on 4,500 grocery products
El Corte Inglés has launched a price drop on 4,500 grocery products available in the food halls of its department stores, Hipercor hypermarkets and Supercor supermarkets.The items included are all basic grocery products from all sections, including fresh produce.
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OpinionSainsbury’s wins the battle but war goes on
Tesco and Sainsbury’s reporting of quarterly results within days of each other adds to the image of two heavyweights going head to head in the arena.